Panasonic shares plunge after loss forecast
Shares in Panasonic dived nearly 20 percent Thursday after the Japanese firm warned of a mammoth $9.6 billion annual loss in the latest sign of trouble for the nation's hard-hit electronics giants.
01 November 2012
Dollar, euro gain in Asian trade after China data
The dollar and euro climbed against the yen in Asia on Thursday as positive Chinese manufacturing data boosted risk sentiment, while traders were also looking ahead to a crucial US jobs report.
01 November 2012
Duopoly fears after Virgin Australia takes Tiger stake
Australia's competition regulator plans to take a hard look at Virgin Australia's planned acquisition of low-cost rival Tiger Airways Australia over concerns about the market becoming a duopoly.
31 October 2012
Nissan chief wary of China amid island row: report
Nissan would think twice before making new investments in China, the firm's chief told the Financial Times, as Japan-brand auto sales dive amid a territorial row between Tokyo and Beijing.
Head of iPhone software out in Apple shakeup
Apple on Monday announced that the executive in charge of Maps, Siri and other software in its culture-changing iPhones is leaving as part of a shakeup in the upper ranks of the company.
30 October 2012
BBC inquiry begins as sex abuse scandal grows
An inquiry into the BBC's culture and practices got under way on Monday with the broadcaster reeling from allegations of child sex abuse perpetrated by the late Jimmy Savile, one of its biggest stars.
30 October 2012
Virgin Australia sells stake to Singapore, pounces on Tiger
Virgin Australia on Tuesday sold 10 percent of its business to Singapore Airlines while agreeing to buy a 60 percent stake in Tiger Airways Australia as it upped the ante in its battle with Qantas.
30 October 2012
TENGRI LIFE
TENGRI TRAVEL
China protesters wary after chemical plant victory Protesters who forced a Chinese city to halt a new chemical plant massed outside government offices Monday in a wary response to their victory, which highlighted the country's growing environmental activism.
Hollande discusses debt crisis with top global headsFrench President Francois Hollande holds talks on Monday with the heads of the World Bank and other top economic bodies to discuss the eurozone debt crisis and ways to kickstart growth.
29 October 2012
India tries handing out cash to help teeming poor Uddal Singh, a retired army sergeant, is part of an experiment trying out radical changes to the Indian welfare system that the government plans to adopt nation-wide.
Citi fined $2 mn over Facebook IPO leak US banking giant Citigroup paid a $2 million fine to a state regulator and fired a junior analyst over a probe into leaks of confidential information on Facebook's public offering.
27 October 2012
Australia defends mining tax after 'zero earnings' Australian Treasurer Wayne Swan defended the government's mining profits tax Thursday after reports that no revenue had collected in the first quarter due to China-driven cooling in the sector.
25 October 2012
Kazakh-Swiss Business Council launched in ZurichThe agreement was signed by KazAtomProm’s (National Nuclear Company) Chairman Vladimir Shkolnik and Peter Spuhler, CEO and owner of Stadler Rail Group.